January 30, 2015

Company announcements: PUNCAK, NAKA, Y&G, ARK, HUBLINE, KOMARK, CME, GTRONIC

PUNCAK - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePUNCAK NIAGA HOLDINGS BERHAD  
Stock Name PUNCAK  
Date Announced30 Jan 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPN-150130-34718

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderPlease refer to "Remarks"

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/01/2015
469,500
 

Circumstances by reason of which change has occurredPurchase of shares managed by Portfolio Manager, Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI).
Nature of interestShares held in own name and by Portfolio Manager
Direct (units)1,494,000 
Direct (%)0.36 
Indirect/deemed interest (units)20,074,583 
Indirect/deemed interest (%)4.83 
Total no of securities after change21,568,583
Date of notice28/01/2015

Remarks :
Registered holders of the total shares held after change are as follows :-

1. Shares held in own name 1,494,000

2. Shares managed by Portfolio Managers as follows :-
Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board 10,918,783
Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (CIMB PRI) 9,155,800
-------------
21,568,583
=============

(Form 29B received by the Company on 30 January 2015).


NAKA - OTHERS Nakamichi Corporation Berhad ("Naka" or "the Company") Status Of The Issuance Of The Company’s Unaudited Consolidated Second, Third and Fourth Quarterly Results in respect of the financial year ended 31 December 2013, Audited Financial Statements for the financial year ended 31 December 2013, Annual Report for 2013 and Unaudited Consolidated First, Second and Third Quarterly Results in respect of the financial year ending 31 December 2014

Announcement Type: General Announcement
Company NameNAKAMICHI CORPORATION BERHAD  
Stock Name NAKA  
Date Announced30 Jan 2015  
CategoryGeneral Announcement
Reference NoCC-150130-934CA

TypeAnnouncement
SubjectOTHERS
DescriptionNakamichi Corporation Berhad ("Naka" or "the Company")
Status Of The Issuance Of The Company’s Unaudited Consolidated Second, Third and Fourth Quarterly Results in respect of the financial year ended 31 December 2013, Audited Financial Statements for the financial year ended 31 December 2013, Annual Report for 2013 and Unaudited Consolidated First, Second and Third Quarterly Results in respect of the financial year ending 31 December 2014

Reference is made to the announcement dated 30 December 2014 in relation to the delay in issuance of the Group’s unaudited consolidated second quarterly results for the period ended 30 June 2013 ("Q2 2013 Results"), the third quarterly results for the period ended 30 September 2013 ("Q3 2013 Results"), the fourth quarterly results for the period ended 31 December 2013 ("Q4 2013 Results"), the Audited Financial Statements for the financial year ended 31 December 2013 ("AFS 2013"), Annual Report for 2013 ("AR 2013"), the first quarterly results for the period ended 31 March 2014 ("Q1 2014 Results"), the second quarterly results for the period ended 30 June 2014 ("Q2 2014 Results") and the third quarterly results for the period ended 30 September 2014 ("Q3 2014 Results") within the timeframe stipulated under paragraph 9.22 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements.

The Board of Directors of Nakamichi Corporation Berhad ("NCB" or the "Company") wishes to inform that the Company is still unable to issue its Q2 2013 Results, Q3 2013 Results and Q4 2013 Results in respect of financial year ended 31 December 2013, AFS 2013, AR 2013 and Q1 2014 Results, Q2 2014 Results and Q3 2014 Results in respect of the financial year ending 31 December 2014 as the Company’s 51% owned subsidiary, Tamabina Sdn. Bhd. ("TSB") had yet to furnish its Management Accounts to the Company.

The Company wishes to stress that it will continue to explore all possible approaches and take the necessary actions to ensure compliance with the Main Market Listing Requirements.

This announcement is dated 30 January 2015.



Y&G - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameY&G CORPORATION BHD  
Stock Name Y&G    
Date Announced30 Jan 2015  
CategoryGeneral Announcement
Reference NoCC-150130-E2F61

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionY&G CORPORATION BHD ("Y&G") OR ("the Company")
WRIT OF SUMMONS AND STATEMENT OF CLAIM BY HALA KOTA DEVELOPMENT SDN BHD ("HKDSB") (A WHOLLY-OWNED SUBSIDIARY OF Y&G CORPORATION BHD ("Y&G") AGAINST INSTITUT PENYELIDIKAN DAN KEMAJUAN PERTANIAN MALAYSIA ("MARDI")
-Shah Alam High Court Suit No: 22NCVC-581-12/2014 ("the Case")
HKDSB ("the Plaintiff”) Vs. MARDI (“the Defendant”)

Further to our announcement dated 12 January 2015, the Board of Directors of Y&G wishes to announce that at the Case Management on 29 January 2015, the Court has fixed the Case for mention on 4 February 2015 for both parties to record the consent order in respect of HKDSB’s application for an injunction. As such, the hearing date for the said application for injunction on 12 February 2015 has been vacated. The Court has also directed the Plaintiff to file its Reply to Defence within two (2) weeks from 4 February 2015.

The Court has also fixed the above matter for further Case Management on 25 February 2015 to fix the trial dates and directions for filing of bundle of documents.

Further announcements would be made to Bursa Malaysia Securities Berhad should there be any material development on this matter.

This announcement is dated 30 January 2015.



ARK - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameARK RESOURCES BERHAD  
Stock Name ARK  
Date Announced30 Jan 2015  
CategoryGeneral Announcement
Reference NoCP-150130-36167

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionThis is to notify that ARK Resources Berhad ("ARK" or "the Company") has received notification from the following director of the Company that he intends to deal in the securities of the Company during the closed period as defined in the Bursa Malaysia Securities Berhad Main Market Listing Requirements. The current shareholding of the director is as follows:

Ordinary Shares

Name of DirectorDirect Interest%Indirect Interest%
Rashidi Aly bin Abdul Rais26,5010.0611,755,000**27.34

Warrants

Name of DirectorDirect Interest%Indirect Interest%
Rashidi Aly bin Abdul Rais11,5000.066,657,000**32.51

**Deemed interest by virtue of his direct interest in Larutmas Sdn Bhd pursuant to Section 6A of the Companies Act, 1965.

The intention to deal in the shares is pursuant to a Notice of Exercise of Put Option dated 24 October 2014 from Pacific Trustees Berhad in accordance with the Put and Call Option Agreement entered between Pacific Trustees Berhad and Larutmas Sdn Bhd dated 18 May 2011. Larutmas Sdn Bhd has nominated Rashidi Aly bin Abdul Rais to acquire the Option Shares.

 



HUBLINE - Annual Audited Accounts - 30 September 2014

Announcement Type: PDF Submission
Company NameHUBLINE BERHAD  
Stock Name HUBLINE  
Date Announced30 Jan 2015  
CategoryPDF Submission
Reference NoCS-150130-16269

SubjectAnnual Audited Accounts - 30 September 2014

Attachments

HUBLINE BERHAD 2014.pdf
723 KB






KOMARK - Changes in Sub. S-hldr's Int. (29B) - Lim Pei Tiam @ Liam Ahat Kiat

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKOMARKCORP BERHAD  
Stock Name KOMARK  
Date Announced30 Jan 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-150130-53017

Particulars of substantial Securities Holder

NameLim Pei Tiam @ Liam Ahat Kiat
AddressNo. 23, Lorong Datuk Sulaiman 6
Taman Tun Dr. Ismail
60000 Kuala Lumpur
NRIC/Passport No/Company No.460722-01-5261
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.25 each
Name & address of registered holderLim Pei Tiam @ Liam Ahat Kiat
No. 23, Lorong Datuk Sulaiman 6
Taman Tun Dr. Ismail
60000 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others22/01/2015
5,683,700
0.300 

Description of other type of transactionSubscription of Rights Shares pursuant to the Renounceable Rights Issue of 1 Ordinary Share for every 2 existing Ordinary Shares held
Circumstances by reason of which change has occurredSubscription of Rights Shares pursuant to the Renounceable Rights Issue of 1 Ordinary Share for every 2 existing Ordinary Shares held
Nature of interestDirect
Direct (units)15,622,500 
Direct (%)12.815 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change15,622,500
Date of notice29/01/2015

Remarks :
1. The percentage of holdings is based on the enlarged issued and paid-up share capital of 121,911,015 shares.

The Form 29B was received by the Company on 30 January 2015.


KOMARK - Changes in Director's Interest (S135) - Lim Pei Tiam @ Liam Ahat Kiat

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameKOMARKCORP BERHAD  
Stock Name KOMARK  
Date Announced30 Jan 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-150130-53918

Information Compiled By KLSE

Particulars of Director

NameLim Pei Tiam @ Liam Ahat Kiat
AddressNo. 23, Lorong Datuk Sulaiman 6
Taman Tun Dr. Ismail
60000 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM0.25 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
22/01/2015
5,683,700
0.300 

Description of other type of transactionSubscription of Rights Shares pursuant to the Renounceable Rights Issue of 1 Ordinary Share for every 2 existing Ordinary Shares held
Circumstances by reason of which change has occurredSubscription of Rights Shares pursuant to the Renounceable Rights Issue of 1 Ordinary Share for every 2 existing Ordinary Shares held
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)15,622,500 
Direct (%)12.815 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice29/01/2015

Remarks :
1. This announcement is made to comply with Paragraph 14.09 of the Main Market Listing Requirements.

2. The percentage of the shares of RM0.25 each allotted to Lim Pei Tiam @ Liam Ahat Kiat pursuant to the Renounceable Rights Issue is 4.662%.

3. The percentage of holdings is based on the enlarged issued and paid-up share capital of 121,911,015 shares.

The said Notice was received by the Company on 30 January 2015.


KOMARK - Changes in Director's Interest (S135) - Lim Pei Tiam @ Liam Ahat Kiat

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameKOMARKCORP BERHAD  
Stock Name KOMARK  
Date Announced30 Jan 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-150130-8818A

Information Compiled By KLSE

Particulars of Director

NameLim Pei Tiam @ Liam Ahat Kiat
AddressNo. 23, Lorong Datuk Sulaiman 6
Taman Tun Dr. Ismail
60000 Kuala Lumpur
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
22/01/2015
5,683,700
 

Description of other type of transactionFree detachable warrants on the basis of 1 Warrant for every 1 Rights Share subscribed
Circumstances by reason of which change has occurredFree detachable warrants on the basis of 1 Warrant for every 1 Rights Share subscribed
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)5,683,700 
Direct (%)13.987 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice29/01/2015

Remarks :
1. This announcement is made to comply with Paragraph 14.09 of the Main Market Listing Requirements.

2. The percentage of the warrants allotted to Lim Pei Tiam @ Liam Ahat Kiat pursuant to the Renounceable Rights Issue is 13.987%.

3. The percentage of warrants holdings is based on the total outstanding Warrants of 40,637,005.

The said Notice was received by the Company on 30 January 2015.


CME - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameCME GROUP BERHAD  
Stock Name CME  
Date Announced30 Jan 2015  
CategoryGeneral Announcement
Reference NoCG-150130-59546

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionCME GROUP BERHAD ("CME" OR "THE COMPANY")
- ACQUISITION OF SHARES IN AUDALIA RESOURCES LIMITED (“ARL” OR “AUDALIA”)

  

 

 

 

1. INTRODUCTION

The Board of Directors of CME is pleased to announce that the Company has today acquired 3,700,000 ordinary shares in Audalia (“ARL’s Shares”), a public company listed on Australian Stock Exchange (“ASX”), representing 1.59% of the total issued and paid up share capital of ARL for a purchase consideration of Australian Dollar Seven Hundred Twenty Eight Thousand and Nine Hundred (AUD728,900) only (approximately Ringgit Malaysia: Two Million and Eighty Eight Thousand only) ("Purchase Consideration"). (Hereinafter referred to as “the Acquisition of Shares”).

As of todate, the total number of ARL’s Shares acquired by the Company are as follows:-

 

Date of Acquisition

Number of ARL’s Shares Acquired

Purchase Consideration

(AUD’000)

Purchase Consideration

(Approximately in RM’000)

10.06.2011

1,400,000

154.0

484

09.07.2014

6,500,000

715.0

2,180

30.01.2015

3,700,000

728.9

2,088

 

 

 

 

 

2. DETAILS OF THE ACQUISITION OF SHARES

2.1 Information of AUDALIA

Audalia was listed on the ASX in July 2011.

 

Audalia currently owns two tenements in Western Australia. The first tenement is located 470km east of Perth (“the Medcalf Project”). The Medcalf Project comprises five exploration licences and eight prospecting licences, with a total area of about 25km2 .

 

The second tenement is located approximatey 250km to the east of Carnaron and 1,200km north from Perth (“the Gascoyne Project”). The Gascoyne Project comprises 100% owned tenements covering 337km2 that are highly prospective for Lead (Pb), Zinc (Zn) and Copper (Cu) deposits, located in the Gascoyne Region, Western Australia.

 

The net loss attributable to the owner of ARL and net assets of ARL based on audited financial statements for the year ended 30 June 2013 amounted to AUD288,724 and RM1,831,569 respectively.

The net loss attributable to the owner of ARL and net assets of ARL based on audited financial statements for the year ended 30 June 2014 amounted to AUD402,942 and RM2,921,293 respectively.

(Source: Audalia Resources Limited, 2014 Annual Report)


2.2 Basis of Purchase Consideration and Source of Funding

The Purchase Consideration was arrived at on a "willing buyer-willing seller" basis on the off-market Business Transaction. The Acquisition of Shares was funded through internally generated fund.

There are no liabilities, including contingent liabilities and guarantees to be assumed by CME arising from the Acquisition of Shares in ARL.


3. RATIONALE FOR THE ACQUISITION OF SHARES

The Acquisition of Shares is part of the Company’s initiatives to expand its portfolio of investment for potential value enhancement.

 


4. PROSPECTS AND RISK FACTORS

Investment in quoted company like ARL is exposed to share market volatility and it is difficult to determine the risks at this juncture.


5. EFFECT OF THE PROPOSED ACQUISITION OF SHARES

5.1 Share Capital and Shareholding Structure of the Major Shareholders

The Acquisition of Shares will not have any effect on the issued and paid-up share capital and shareholding structure of the major shareholders of CME as it does not involve any allotment or issuance of new ordinary shares of CME.

5.2 Net assets

The Acquisition of Shares will not have any material effect on the consolidated net assets of CME.

5.3 Earnings

The Acquisition of Shares will not have any material effect on the earnings of CME for the year ended 31 December 2015.

5.4 Gearing

The Acquisition of Shares has no effect on the gearing of CME.


6. PERCENTAGE RATIO


The highest percentage ratio applicable to the Acquisition of Shares pursuant to paragraph 10.02(g) of the Main Listing Requirement is 4.69%.

 

As of todate, the aggregate percentage ratio applicable to the acquisition of shares ARL’s shares are as follows:-

 

Date of Acquisition

Number of ARL’s Shares Acquired

Highest Percentage Ratio Applicable

10.06.2011

1,400,000

3.47%

09.07.2014

6,500,000

4.89%

30.01.2015

3,700,000

4.69%

 

 

 

 

 

7. APPROVAL OF SHAREHOLDERS

The Acquisition of Shares is not subject to the approval of the Company’s shareholders.  

 



8. INTEREST OF DIRECTORS, SUBSTANTIAL SHAREHOLDERS AND CONNECTED PERSONS

None of the directors and/or major shareholders of CME as well as persons connected with them have any interest, direct and/or indirect in the Acquisition of Shares.


9. STATEMENT BY THE BOARD OF DIRECTORS

The Board of Directors, having considered all aspects of the Acquisition of Shares, is of the view that the Acquisition of Shares is in the best interest of CME Group.

This announcement is dated 30 January 2015.

 

 










 



GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Ng Kweng Chong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced30 Jan 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-150130-13157

Particulars of substantial Securities Holder

NameNg Kweng Chong
Address66B Penang Street, 10200 Penang
NRIC/Passport No/Company No.480224-07-5163
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Ng Kweng Chong of 66B Penang Street, 10200 Penang
2) Gooi Mei Hoon of 46-A Jalan Sultan Ahmad Shah, 10050 Penang
3) Ng Hooi Chin of 46-A Jalan Sultan Ahmad Shah, 10050 Penang
4) Ng Kweng Chong Holdings Sendirian Berhad of 51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
5) Wiserite Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang
6) Glencare Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/01/2015
3,000
 
Acquired28/01/2015
3,000
 
Acquired29/01/2015
3,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)2,594,071 
Direct (%) 
Indirect/deemed interest (units)58,827,565 
Indirect/deemed interest (%) 
Total no of securities after change61,421,636
Date of notice30/01/2015


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